CASS INFORMATION SYSTEMS, INC. CASS Income Statement

Cass information systems, inc. (CASS)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
Fee Revenue and Other Income:
Information services payment and processing revenue
106,999	107,953	107,163	105,442	103,811	102,181	100,058	97,799	95,860	93,322	90,883	88,859	86,457	83,713	81,886	79,930	78,749	78,622	78,631	78,593	78,448	77,427	76,077	74,732	72,626	70,805	69,405	67,607	66,784	66,695	65,028	64,234	62,828	60,688	59,267	56,994	0	0	0
Bank service fees
1,420	1,386	1,325	1,318	1,376	1,335	1,345	1,372	1,402	1,349	1,343	1,300	1,200	1,276	1,246	1,270	1,280	1,223	1,205	1,176	1,148	1,132	1,146	1,165	1,196	1,215	1,268	1,269	1,278	1,272	1,226	1,229	1,300	1,354	1,403	1,399	0	0	0
Gains on sales of securities
1,077	19	19	19	-44	-42	0	0	0	-	0	0	79	387	387	1,658	2,269	2,910	2,910	1,662	972	23	44	887	2,571	4,024	4,237	3,638	3,122	2,635	2,396	2,129	1,009	43	48	48	0	0	0
Other
655	711	767	668	572	602	822	826	840	841	578	586	666	760	775	802	743	613	595	619	596	1,325	1,328	1,283	1,289	528	534	536	536	536	533	737	738	739	745	543	0	0	0
Total fee revenue and other income
110,151	110,069	109,274	107,447	105,715	104,076	102,183	99,955	98,115	95,512	92,804	90,745	88,402	86,136	84,294	83,660	83,041	83,368	83,341	82,050	81,164	79,907	78,595	78,067	77,682	76,572	75,444	73,050	71,720	71,138	69,183	68,329	65,875	62,824	61,463	58,984	0	0	0
Interest Income:
Interest and fees on loans
36,833	36,461	36,209	35,028	33,564	32,477	31,207	30,049	29,230	28,641	28,618	28,673	28,885	29,063	28,852	28,674	28,714	28,669	28,988	29,388	29,507	29,726	29,853	30,132	31,000	32,110	33,327	34,381	35,000	35,525	36,027	37,035	38,202	39,515	40,391	40,435	0	0	0
Interest and dividends on securities:
Taxable
2,415	2,497	2,569	2,575	2,425	2,104	1,714	1,203	798	554	342	271	208	143	87	56	47	38	32	30	27	29	31	33	42	48	55	66	61	60	56	46	46	41	27	32	0	0	0
Exempt from federal income taxes
7,621	7,839	8,011	8,197	8,535	9,063	9,582	10,076	10,403	10,439	10,306	10,087	9,865	9,658	9,681	9,666	9,551	9,460	9,393	9,375	9,405	9,412	9,257	9,055	8,844	8,867	9,115	9,399	9,701	9,878	9,931	9,971	10,026	9,993	9,604	9,280	0	0	0
Interest on federal funds sold and other short-term investments
5,181	5,812	6,011	5,549	5,011	4,282	3,494	3,119	2,835	2,343	1,888	1,443	1,194	1,066	926	746	623	543	544	574	600	592	613	625	607	552	483	447	438	470	542	603	646	686	660	572	0	0	0
Total interest income
52,050	52,609	52,800	51,349	49,535	47,926	45,997	44,447	43,266	41,977	41,154	40,474	40,152	39,930	39,546	39,142	38,935	38,710	38,957	39,367	39,539	39,759	39,754	39,845	40,493	41,577	42,980	44,293	45,200	45,933	46,556	47,655	48,920	50,235	50,682	50,319	0	0	0
Interest Expense:
Interest on deposits
4,864	5,191	5,221	4,858	4,347	3,736	3,168	2,710	2,386	2,187	2,028	1,962	1,996	2,029	2,023	2,016	2,033	2,111	2,213	2,319	2,426	2,460	2,586	2,704	2,770	2,832	2,868	2,931	2,997	3,148	3,366	3,641	4,006	4,374	4,640	4,779	0	0	0
Interest on short-term borrowings
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total interest expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-
Net interest income
47,182	47,416	47,579	46,491	45,188	44,190	42,829	41,737	40,880	39,790	39,126	38,512	38,156	37,901	37,523	37,126	36,902	36,599	36,744	37,048	37,113	37,299	37,168	37,141	37,723	38,745	40,112	41,362	42,203	42,785	43,190	44,014	44,914	45,861	46,042	45,540	0	0	0
Provision for loan losses
325	250	0	0	0	-	-	-	-	-	-500	-500	-500	-1,500	-1,850	-1,850	-1,850	-850	0	0	0	0	0	0	300	500	2,100	2,100	2,400	2,400	1,100	1,650	1,900	2,150	2,800	3,400	0	0	0
Net interest income after provision for loan losses
46,857	47,166	47,329	46,241	44,938	44,190	42,829	41,737	40,880	39,790	39,626	39,012	38,656	39,401	39,373	38,976	38,752	37,449	36,744	37,048	37,113	37,299	37,168	37,141	37,423	38,245	38,012	39,262	39,803	40,385	42,090	42,364	43,014	43,711	43,242	42,140	0	0	0
Total net revenue
157,008	157,235	156,603	153,688	150,653	148,266	145,012	141,692	138,995	135,302	132,430	129,757	127,058	125,537	123,667	122,636	121,793	120,817	120,085	119,098	118,277	117,206	115,763	115,208	115,105	114,817	113,456	112,312	111,523	111,523	111,273	110,693	108,889	106,535	104,705	101,124	0	0	0
Operating Expense:
Salaries and employee benefits
91,233	91,083	90,757	88,990	87,776	85,881	83,673	81,349	78,922	77,339	75,698	74,594	73,534	72,581	71,951	71,393	70,834	70,314	69,564	68,318	67,239	66,100	65,890	65,835	65,651	65,722	64,583	64,042	63,260	62,563	61,274	59,780	58,428	56,573	55,303	53,561	0	0	0
Occupancy
3,900	3,918	3,899	3,901	3,828	3,723	3,600	3,528	3,492	3,480	3,464	3,421	3,398	3,390	3,395	3,407	3,397	3,400	3,392	3,303	3,203	3,172	3,110	3,092	3,071	2,874	2,678	2,410	2,234	2,157	2,120	2,204	2,202	2,318	2,444	2,474	0	0	0
Equipment
6,306	6,140	6,035	5,915	5,771	5,610	5,475	5,283	5,075	5,071	4,908	4,790	4,700	4,451	4,372	4,315	4,275	4,291	4,246	4,124	4,175	4,130	4,101	4,126	3,928	3,810	3,691	3,600	3,561	3,516	3,570	3,577	3,541	3,525	3,468	3,498	0	0	0
Amortization of intangible assets
671	563	470	430	439	442	441	441	438	427	420	411	405	408	407	409	409	408	427	445	464	483	482	482	508	535	563	589	589	581	460	339	219	107	106	107	0	0	0
Other operating expense
18,126	18,065	17,579	17,471	16,385	16,263	15,128	14,228	14,340	14,086	13,718	13,501	12,838	12,643	11,602	11,286	11,476	11,370	11,840	11,841	11,616	11,529	11,240	11,476	11,564	11,145	11,098	10,517	10,737	11,516	12,433	12,941	12,846	12,506	11,459	11,077	0	0	0
Total operating expense
120,236	119,769	118,740	116,707	114,199	111,919	108,317	104,829	102,267	100,403	98,208	96,717	94,875	93,473	91,727	90,810	90,391	89,783	89,469	88,031	86,697	85,414	84,823	85,011	84,722	84,086	82,613	81,158	80,381	80,333	79,857	78,841	77,236	75,029	72,780	70,717	0	0	0
Income before income tax expense
36,772	37,466	37,863	36,981	36,454	36,347	36,695	36,863	36,728	34,899	34,222	33,040	32,183	32,064	31,940	31,826	31,402	31,034	30,616	31,067	31,580	31,792	30,940	30,197	30,383	30,731	30,843	31,154	31,142	31,190	31,416	31,852	31,653	31,506	31,925	30,407	0	0	0
Income tax expense
6,986	7,062	6,773	6,467	6,115	6,079	8,153	9,068	9,929	9,885	8,115	7,574	7,361	7,716	7,927	8,155	8,052	7,978	7,863	7,793	7,819	7,759	7,439	6,959	7,107	7,234	7,259	7,616	7,715	7,887	7,963	8,431	8,455	8,497	8,827	8,469	0	0	0
Net income
29,786	30,404	31,090	30,514	30,339	30,268	28,542	27,795	26,799	25,014	26,107	25,466	24,822	24,348	24,013	23,671	23,350	23,056	22,753	23,274	23,761	24,033	23,501	23,238	23,276	23,497	23,584	23,538	23,427	23,303	23,453	23,421	23,198	23,009	23,098	21,938	0	0	0
Basic earnings per share
0.52	-55.98	57.00	0.53	0.56	-51.00	52.00	0.51	0.55	0.10	0.56	0.53	0.51	0.04	0.56	0.53	0.52	0.36	0.52	0.49	0.48	0.50	0.56	0.52	0.51	0.45	0.54	0.53	0.53	0.47	0.53	0.53	0.52	0.33	0.59	0.56	0.55	0.60	0.52
Diluted earnings per share
0.52	-55.00	56.00	0.52	0.55	-50.01	51.00	0.50	0.54	0.10	0.55	0.52	0.51	0.05	0.55	0.52	0.51	0.35	0.51	0.48	0.48	0.49	0.55	0.52	0.50	0.45	0.53	0.52	0.52	0.46	0.53	0.52	0.51	0.33	0.58	0.55	0.55	0.59	0.52